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Last update: March 20, 2018

2018 Releases

2017 Releases

  • LAWPRO receives “A” rating from A.M. Best Co. (Nov. 22, 2017)
    A.M. Best Co. awarded Lawyers’ Professional Indemnity Company a financial strength rating of “A” and an issuer credit rating of “a” for the seventeenth consecutive time.

  • 2018 Insurance Program (Sept. 28, 2017)
    Convocation of the Law Society approves LAWPRO's 2018 insurance program for the Ontario Bar. Data analysis leads to refinements in risk-rating.

2016 Releases

2015 Releases

2014 Releases

  • LAWPRO base premium stable for fifth consecutive year (Sept. 24, 2014)
    Strong financial results and a moderating claims count have allowed LAWPRO to hold the base premium for the mandatory insurance program at $3,350 for the fifth consecutive year. 2015 marks 20 years of LAWPRO operating primary insurance program.

    For more details of the 2015 insurance program, see our Report to Convocation.

  • LAWPRO receives "A" rating from A.M. Best Co. (June 2, 2014)
    A.M. Best Co. has awarded Lawyers’ Professional Indemnity Company (LAWPRO) a financial strength rating of A (Excellent) and an issuer credit rating of "a" for the fourteenth consecutive time. In addition, A.M. Best Co. gave LAWPRO a "stable" outlook for the third year in a row.

Media Release archive

Media contacts:
Naomi Dummett
Director of Communications
Tel: 416-596-4652
Toll-free: 1-800-410-1013

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Lawyers' Professional Indemnity Co. receives A rating from A.M. Best Co.
Toronto, ON, October 30, 2000: Lawyers' Professional Indemnity Company (LPIC) has received an A (Excellent) financial strength rating from the A.M. Best Co., a leading insurance rating and information source. The rating reflects the company's profitable operating performance, excellent capital position, favorable loss reserve development and overall financial strength.

In its rating announcement, A.M. Best Co. commented positively on virtually all aspects of LPIC's operations: "The company's risk-based underwriting model has resulted in consistent profitable underwriting results which, when combined with stable investment income, have contributed to the steady internal growth of the company's capital and financial strength," said the A.M. Best release. "Through its prudent underwriting, sophisticated claims handling and effective reinsurance program, the company has developed a stable market for professional liability coverage in Ontario. In addition to managing claims, the company's focus on customer service, proactive risk management and its title insurance product, TitlePLUS, have provided a valuable resource to its covered lawyers."

In his response to the rating news, LPIC President Malcolm Heins said that both management and members of the LPIC Board of Directors are "delighted and gratified that LPIC has received such an excellent rating. This announcement is an affirmation of our vision and goals for LPIC. Financial stability, superior claims management, a strong customer focus and service excellence, innovative products and services: These are our own benchmarks for the company. To have as influential a company as A.M. Best substantiate both our goals and our track record is an important milestone for LPIC."

LPIC currently provides a comprehensive, flexible and responsive liability insurance program to more than 18,000 lawyers in Ontario. It also provides lawyers with a competitive title insurance product through TitlePLUS, its innovative title insurance/software conveyancing program, and offers excess liability insurance on an optional basis. LPIC is licensed in Ontario, Newfoundland, Nova Scotia, P.E.I. and Nunavut.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source.

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Key DatesMore

April 30, 2018
Real estate and civil litigation transaction levies and forms are due for the quarter ended March 31, 2018.

April 30, 2018
Exemption forms from lawyers not practising civil litigation or real estate and wanting to exempt themselves from quarterly filings are due.

July 31, 2018
Real estate and civil litigation transaction levies and forms are due for the quarter ended June 30, 2018.


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